13,976 cars delivered, an increase of 51%. Revenue increased USD 177.7 million, or 41%, primarily driven by price increases to model year 2023 and model year 2024 vehicles with continued vehicle sales expansion across markets.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on PSNY:
- Polestar Automotive options imply 12.1% move in share price post-earnings
- Sirius XM announces new and expanded relationships with Audible, Polestar
- Largest borrow rate increases among liquid names
- New Hope for Polestar (NASDAQ:PSNY), Off Its All-Time Lows
- JD.com upgraded, Paycom downgraded: Wall Street’s top analyst calls